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9 of 95 unique stocks in common · Jaccard: 9.5%
A weighted portfolio overlap of 10.68% indicates a low overlap (mostly different holdings). This means that out of every ₹100 you invest across these two schemes, approximately ₹10.68 is allocated to the exact same companies at the same relative proportions. The schemes share 9 common holdings.
The largest overlapping asset in their portfolios is Hindustan Unilever, which commands a weight of 7.96% in ICICI Prudential MNC Fund and 1.77% in SBI Nifty 50 ETF. Holding both schemes increases your concentration in Hindustan Unilever rather than expanding your diversification.
If the overlap is above 30%, it is typically because both schemes benchmark to the same index (e.g. Nifty 50 or Nifty LargeMidcap 250) or overlap in their top large-cap picks. To improve your portfolio's diversification, consider allocating one of these tranches to a category with lower structural correlation (such as a mid-cap, small-cap, or international equity fund).
| Stock | in ICICI | in SBI |
|---|---|---|
| Hindustan UnileverDiversified FMCG | 7.96% | 1.77% |
| Sun Pharmaceutical IndustriesPharmaceuticals & Biotechnology | 3.78% | 1.76% |
| Maruti Suzuki IndiaAutomobiles | 5.71% | 1.59% |
| InfosysIT - Software | 1.31% | 3.76% |
| Tata Consultancy ServicesIT - Software | 1.13% | 2.13% |
| Nestle IndiaFood Products | 4.88% | 0.94% |
| CiplaPharmaceuticals & Biotechnology | 1.03% | 0.73% |
| Dr. Reddy's LaboratoriesPharmaceuticals & Biotechnology | 1.54% | 0.73% |
| Tata Motors Passenger VehiclesAutomobiles | 0.72% | 0.76% |
Weighted overlap = Σ min(weight in fund A, weight in fund B) across shared stocks, from each fund's latest public monthly portfolio (as on May 2026). Equity holdings only, ISIN-verified. Not investment advice.